SBA LenderData

Harborstone CU

Headquartered in LAKEWOOD, WA. Analysis based on 189 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $157.2M.

Total 7(a) loans
189
Total approved
$157.2M
Average loan
$832K
States funded in
4
Charge-off rate
1.94%
FY2020–FY2023 cohort
Paid-in-full rate
18.45%
Average rate
8.43%
Average term
150 mo

Top 10 industries financed

NAICS Industry Loans
722511 Full-Service Restaurants 15
722513 Limited-Service Restaurants 10
238220 Plumbing, Heating, and Air-Conditioning Contractors 7
623312 Homes for the Elderly 4
713940 Fitness and Recreational Sports Centers 4
721110 Hotels (except Casino Hotels) and Motels 4
722515 Snack and Nonalcoholic Beverage Bars 4
114112 Shellfish Fishing 3
531120 Lessors of Nonresidential Buildings (except Miniwarehouses) 3
424990 Other Miscellaneous Nondurable Goods Merchant Wholesalers 3

Top 10 states

State Loans
WA 140
OR 40
AK 8
ID 1

Top franchise brands financed

10 franchise loans across 7 distinct brands.

Franchise Loans
Dairy Queen of the Pacific Nor 3
Kampgrounds of America 2
Signs by Tomorrow 1
Dairy Queen Operating Agreemen 1
Tire Factory/Point S 1
L&L HAWAIIAN BARBEQUE/L&L HAWA 1
Abbey Carpet & Floor 1

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Data source & methodology

All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.